Sio: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Sio
Largest movements
- Cash -€20,338
down €20,338 (-60.1%), from €33,828 to €13,490
mainly Investment in fixed assets (net) (-€13,000) and Receivables within one year (-€8,587)
- Tangible fixed assets +€12,419
up €12,419 (+1268.7%), from €979 to €13,398
- Receivables within one year +€8,587
up €8,587 (+45.7%), from €18,802 to €27,389
of which Trade receivables: +€7,478
- Current investments +€7,000
new in 2025: €7,000
- Reserves +€18,465
up €18,465 (+142.3%), from €12,973 to €31,438
- Other debts -€7,861
down €7,861 (-28.5%), from €27,542 to €19,681
- Tax, wage and social debts -€4,461
down €4,461 (-39.6%), from €11,256 to €6,795
of which Remuneration and social security: -€2,667
- Trade debts +€1,878
new in 2025: €1,878
- Gross operating margin +€9,092
up €9,092 (+44.1%), from €20,598 to €29,690
- Staff costs +€3,433
new in 2025: €3,433
- Financial income +€453
up €453 (+914.2%), from €50 to €503
- Other operating charges +€429
up €429 (+188.0%), from €228 to €657
- Depreciation +€347
up €347 (+148.0%), from €234 to €581
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €54,771 | €62,792 | +€8,021 | +14.6% |
| Fixed assets | 21/28 | €979 | €13,398 | +€12,419 | +1268.7% |
| Tangible fixed assets | 22/27 | €979 | €13,398 | +€12,419 | +1268.7% |
| Furniture and vehicles | 24 | €979 | €13,398 | +€12,419 | +1268.7% |
| Current assets | 29/58 | €53,792 | €49,394 | -€4,398 | -8.2% |
| Amounts receivable within one year | 40/41 | €18,802 | €27,389 | +€8,587 | +45.7% |
| Trade receivables | 40 | €4,697 | €12,175 | +€7,478 | +159.2% |
| Other amounts receivable | 41 | €14,105 | €15,214 | +€1,109 | +7.9% |
| Current investments | 50/53 | - | €7,000 | +€7,000 | |
| Cash at bank and in hand | 54/58 | €33,828 | €13,490 | -€20,338 | -60.1% |
| Deferred charges and accrued income | 490/1 | €1,162 | €1,516 | +€353 | +30.4% |
| Total equity and liabilities | 10/49 | €54,771 | €62,792 | +€8,021 | +14.6% |
| Equity | 10/15 | €15,973 | €34,438 | +€18,465 | +115.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €12,973 | €31,438 | +€18,465 | +142.3% |
| Distributable reserves | 133 | €12,973 | €31,438 | +€18,465 | +142.3% |
| Amounts payable | 17/49 | €38,799 | €28,354 | -€10,444 | -26.9% |
| Amounts payable within one year | 42/48 | €38,799 | €28,354 | -€10,444 | -26.9% |
| Trade debts | 44 | - | €1,878 | +€1,878 | |
| Suppliers | 440/4 | - | €1,878 | +€1,878 | |
| Taxes, remuneration and social security | 45 | €11,256 | €6,795 | -€4,461 | -39.6% |
| Taxes | 450/3 | €8,590 | €6,795 | -€1,795 | -20.9% |
| Remuneration and social security | 454/9 | €2,667 | €0 | -€2,667 | -100.0% |
| Other amounts payable | 47/48 | €27,542 | €19,681 | -€7,861 | -28.5% |
| Remuneration, social security and pensions | 62 | - | €3,433 | +€3,433 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €234 | €581 | +€347 | +148.0% |
| Other operating charges | 640/8 | €228 | €657 | +€429 | +188.0% |
| Gross operating margin | 9900 | €20,598 | €29,690 | +€9,092 | +44.1% |
| Operating profit (loss) | 9901 | €20,136 | €25,020 | +€4,884 | +24.3% |
| Financial income | 75/76B | €50 | €503 | +€453 | +914.2% |
| Recurring financial income | 75 | €50 | €503 | +€453 | +914.2% |
| Financial charges | 65/66B | €1,395 | €1,395 | +€0 | 0.0% |
| Recurring financial charges | 65 | €1,395 | €1,395 | +€0 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €18,791 | €24,128 | +€5,337 | +28.4% |
| Income taxes | 67/77 | €5,818 | €5,663 | -€155 | -2.7% |
| Profit (loss) for the period | 9904 | €12,973 | €18,465 | +€5,492 | +42.3% |
| Profit (loss) for the period to be appropriated | 9905 | €12,973 | €18,465 | +€5,492 | +42.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.